Our term deposits allow you to store your money risk-free for a fixed amount of time at a higher interest rate than a savings account. Generally, the longer the term, the better the return. And they’re RSP, TFSA, RESP and RIF eligible!
You can also choose how accessible you want your money to be. We offer a 1-year redeemable term that allows you to make partial withdrawals with no penalty. As well as, 1- to 5-year non-redeemable terms that let you lock-in for longer at a higher rate. The choice is yours.
Please Note: Just before maturity, you’ll receive a renewal notice. You can then decide whether to roll your term deposit over for another term, choose a different term deposit or redeem it.
Deposits and interest are 100% guaranteed by the Credit Union Deposit Guarantee Corporation and the Province of Alberta. This means both the money you put in and the interest earned are safe and secure – up to any dollar amount!